The cost of KYC for each customer can be as high as Rs 250, since an agent has to physically reach out to the customer.

In March, Paytm issued a statement that said “no accused is joining back the company till the time the court matter is concluded.”

Ambani’s 26-year-old daughter Isha is set to tie the knot with Anand Piramal (33), son of Ajay Piramal, chairman of the Piramal Group.

In 15 months, transactions on UPI— among India’s latest digital payment platforms— raced to 105 mn in November from 92,000 in August 2016, ...

If Anand Piramal's path of entry into the family business was not a typical one, his grooming for the challenges ahead is even more unique.